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German Business Morale Falls In April

Post Date: Tuesday, April 24, 2018. Time: 12:04:12 PM GST

Another weaker than expected data from Europe, after ZEW few days ago, IFO comes with another sign that the ECB is likely to be very cautious to end the ongoing QE. Business Confidence in Germany decreased to 102.10 Index Points...

The Federal Reserve decided to raise the Fed Fund Rate by 25bps as widely expected to 1.75%. In addition, it upgrades economic projections including GDP, Inflation and the Labour Market. Yet, the US Dollar declined across the board. Markets Were...

Surprise Jump in US Crude Oil Inventories Crude Oil Inventories came in with a surprise, declining by 2.62M barrels last week, after rising by 5.02M the week before, despite the fact that the estimates were to rise by 2.55M barrels....

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About me

Nour Eldeen Al-Hammoury has had more than ten years of experience focusing on foreign exchange and global economic developments as well as central bank policies and intermarket analysis (global markets relationships).

Nour Eldeen has served as a Chief Market Strategist at ADS Securities, Markets.com, and Amana Capital. During his time at these companies he was able to lead the team of analysts to success. Nour Eldeen predicted the 2007 financial crisis before it hit, making others aware of not only this but other major market corrections as well.